Attachments: USDPLN instead of USDRUB?

USDPLN instead of USDRUB?

Post #41
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Mar 28, 2015 10:45am Mar 28, 2015 10:45am

available
| Commercial Member | Joined Nov 2014 | 327 Posts

Quoting leebsurag

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{quote} Most interesting is that attention was driven to that pairs particularly after CHF event. Personally I don't see any trading potential in them, prefer to continue day scalping with USD/RUB at Tickmill, despite bigger spreads, price swings yield more to fundamental predictions, while last meeting on SEK showed intradeable trending..

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Do you continue to trade USD/RUB? Bearish or bullish? It's very unclear with Putin and their CB regarding fiscal policy and political course, do you think oil prices and sanctions are still pressing the currency? BTW what are the spreads you get on USD/RUB with Tickmill? Guess swaps are quite annoying because of Russian high rate..

Post #42
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Mar 31, 2015 8:10am Mar 31, 2015 8:10am

hatzius
| Joined Nov 2014 | Status: Member | 134 Posts

Polish central banker Andrzej Bratkowski said on Monday he would oppose cutting interest rates further in response to gains by the Zloty, because such easing could lead to imbalances and force rapid rate hikes next year.

Post #43
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Edited 2:19am Apr 3, 2015 1:48am | Edited 2:19am

hatzius
| Joined Nov 2014 | Status: Member | 134 Posts

The Dollar may weaken even more against the Zloty for the short-term (the worst would be to hit ~ 3.61). Things need to stabilize a bit for funds to ride this trend again. Short on Euro (the Zloty and every other Central and Est-European currency), long on European Equities, on a larger horizon.

@Tomas: The number of Ukrainian immigrants seeking temporary asylum in Poland almost doubled this year. It's far from having seen it all from Europe, Greece, Russia or Ukraine.

Obviously there are better opportunities for the moment to short the USD than through PLN.

In the future, I'd even consider buying more currencies against PLN, like AUD (if Oil, Gold or Nickel will spike up), or any other currency that's oversold and has tremendous potential to change gears.
You can create any cross you want. For example, Long AUD/PLN will be Long EUR/PLN & Short EUR/AUD or Long USD/PLN & Long AUD/USD.

Post #44
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May 31, 2015 3:50am May 31, 2015 3:50am

hatzius
| Joined Nov 2014 | Status: Member | 134 Posts

I was off by almost 2.5% in the previous post.
USDPLN may fall back to 3.53 in the coming weeks.
A combination of Greece closing a deal or of Fed sticking with low(er) interest rates will put it out of fuel for awhile (until US Macros get in better shape and Greece will strike again on default worries).
DAX has gone wild for the last two days. Is it a sign of what's coming next for the dollar?

Post #45
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May 31, 2015 4:05am May 31, 2015 4:05am

hatzius
| Joined Nov 2014 | Status: Member | 134 Posts

Quoting tomas.v

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Analysts at Citi recommend purchasing basket of PLN and HUF against the EUR; targets EUR/PLN at 3.95 and EUR/HUF at 290 We will see if they are right.

Ignored

Oh, Tomas! It broke my heart to see you being hurt in this trade. You're one of the best and most inspiring people I've met on this forum. I wish you all the best! You'll make it back one day and so much more!Good luck!

Post #46
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Nov 20, 2018 6:50pm Nov 20, 2018 6:50pm

damonl
Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts

Hi...

What does anyone have to say about this chart? I was thinking that I should keep this open for a bit longer. Does any of your analysis point up also?

Have a nice day!

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"Keep your eyes on the helpers" - Mr. Rogers

Post #47
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Nov 20, 2018 6:57pm Nov 20, 2018 6:57pm

damonl
Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts

Here is another line?

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"Keep your eyes on the helpers" - Mr. Rogers

Post #48
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Nov 20, 2018 7:06pm Nov 20, 2018 7:06pm

damonl
Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts

Or maybe a spike up too here? I hope that it works out. My last trade on a different pair gave a profit. Nice to find the thread. I hope that my post fits in.

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